DATs risk benchmark exclusion. Clarity Act vote expected in early 2026. OCC allows banks to hold crypto for gas fees. Kraken formally enters the IPO pipeline. In trending topics, we dive into recent institutional ETF ownership data. https://t.co/gGDMh4rCJH

After a steady decline, pushing BTC to 7-month lows, notional perp OI has resurfaced at yearly highs, marking its largest 1-week growth since April 2023. New squeezes inbound? https://t.co/nD26ApYKkm

Bitcoin loses $100k while the U.S. government resumes operations. The Czech central bank has made a small BTC purchase, and Grayscale is seeking an IPO. In trending topics, we cover MSTR’s discount to NAV and inefficiencies related to the DAT structure. https://t.co/YurlAYRh0R

BTC bounces amid tariff dividend chatter after revisiting the 5-digits. Exposure stays low and cautious in derivatives, while ETFs suffer the worst 30-day flow since March. Another major accumulator, BTCTCs, slows acquisitions amid compressing MNAVs. https://t.co/PyJm1FRelI

Some Digital Asset Treasury firms have moved from buyers to sellers, paying of debt or launching share buyback plans. Tether profits crosses $10bn, while Robinhood and Block falls after earnings. ETF options dominance is covered in trending topics. https://t.co/v4TbkEaUuq

BTC is near an important support level, and the derivatives regime is in a structure typically associated with critical inflection points, mirroring all global market bottoms over the past few years, as well as the early bear market formations from 2021. https://t.co/gVwGeu52gG

Fed cuts rates by 25 bps. SOL ETFs launch solidly despite weak markets. Coinbase posts strong Q3. In trending topics we highlight the October surge of crypto-related tier-1 bank moves, a sharp contrast to recent lackluster market performance. https://t.co/wWISgG7jhp

Bitcoin recovers to its monthly open. With notional OI down 11.6% MTD following the October 10 crash and strong medium-term tailwinds, we reiterate our bullish outlook while we prepare for a volatile mid-week. https://t.co/wGFJ91doXq

President Trump pardons CZ. T.Rowe Price to launch actively managed crypto ETF. FalconX to acquire 21Shares. In trending topics we summarize key insights from Chainalysis’ Geography of Crypto Report. https://t.co/GFz0YYLzWO

Conditions are ripe for being contrarian. BTC trades near 4-month lows, and the persistent (and aggressive) bearish bias does not reflect its strong fundamental backdrop. Hence, we favor buying the blood. https://t.co/KANeGuP27M

Binance faces scrutiny after Friday’s crypto crash. A bill follows Trump’s 401(k) EO. Morgan Stanley allows clients crypto fund access after its GIC paper. Trending: U.S. government seizes 127,271 BTC. https://t.co/jRDGxrD4MY

Record liquidation, record notional OI contraction. Typically, stagnation follows destabilizing events such as this crash. Nonetheless, with leverage rinsed, we are constructively bullish, favoring BTC spot accumulation in the weeks ahead. https://t.co/wNukZCJdUh

S&P Global to launch hybrid crypto index; 60% of institutional investors plan to boost crypto exposure, says State Street. BNY explores tokenized deposits. In trending topics, we cover Morgan Stanley’s Crypto Asset Allocation Framework. https://t.co/TPHn70mHeE

While BTC shows signs of short-term overheating, the structural backdrop is radically different from prior cycles. The classic 4-year halving cycle playbook no longer applies in a world where institutional adoption has evolved from dreams into reality. https://t.co/6ybHpnmdy2

Vanguard eyes crypto ETF access, Lummis pushes tax exemption for small trades, and Kraken targets $20B valuation. In trending topics we cover CME’s plans 24/7 crypto futures, and how the U.S. shutdown stalls altcoin ETF approvals. https://t.co/rHCEpOYJQp

The market structure remains stagnant. CME passivity, elevated leverage in perps as BTC consolidates. A potential partial U.S. government shutdown elevates uncertainty, while Asian banking holidays may soften market liquidity. https://t.co/Hxjq1eBmkF

Tether eyes a $500B valuation as it reportedly seeks to raise $20B, while U.S. regulators investigate potential insider trading at DATs. In trending topics, nine eurozone banks unveil a joint stablecoin initiative to challenge USD’s 99.8% dominance. https://t.co/BhyMynnaAs

Bitcoin's quiet streak ended with a sharp Monday sell-off, dropping to two-week lows and triggering $285M in long liquidations, with altcoins hit harder as ETH perps saw nearly $490M liquidated. BTC’s post-liquidation bounce? Don’t count on it. https://t.co/8OnTqXGD9a

The Fed cuts rates, while the FCA moves toward full oversight of UK crypto firms. Binance seeks early release from DOJ oversight, and U.S. crypto execs rally behind an SBR bill. In trending topics, we cover the impending wave of fast-tracked crypto ETPs. https://t.co/EhebWV2la1

BTC rose 3% last week on softer PPI, stable CPI, and labor data revisions, boosting FOMC cut hopes. Despite the uptrend, activity stays muted. ETF inflows hint at momentum, but mixed signals from high offshore leverage favor caution. https://t.co/xMpB4AMV03